Flex to Acquire Electrical Power Products to Boost Power Capabilities

Flex announced it will acquire EP2 for $1.1B to expand its critical power portfolio and pursue growth from electrification, grid upgrades and data center expansion. The deal materially increases Flex’s exposure to higher-growth infrastructure and electrification end markets and could boost revenue growth and strategic positioning if integration and cross-selling are successful.

Analysis

Flex announced it will acquire EP2 for $1.1B to expand its critical power portfolio and pursue growth from electrification, grid upgrades and data center expansion. The deal materially increases Flex’s exposure to higher-growth infrastructure and electrification end markets and could boost revenue growth and strategic positioning if integration and cross-selling are successful.